LITTLE HOME, POST OFFICE LANE, SOUTH CHARD, CHARD, TA20 2RR - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LITTLE HOME is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £240,000 in May 2022, which was around 44% below the average May 2022 detached price in the Somerset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

LITTLE HOME Sold Prices

Land registry data shows four sales for LITTLE HOME since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four LITTLE HOME sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 31 MAY	£240,000	£432,267	44% below HPI
2016 29 JAN	£192,500	£313,120	39% below HPI
2002 16 OCT	£115,000	£199,246	42% below HPI
1996 9 AUG	£40,000	£86,361	54% below HPI

LITTLE HOME Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four LITTLE HOME sales between August 1996 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is LITTLE HOME?

LITTLE HOME is 103m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of detached houses in Tatworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tatworth, and where LITTLE HOME lies on this distribution: 44% of detached houses are smaller than LITTLE HOME, and 54% of houses are larger. Note that EPC data is not available for all properties in Tatworth.

LITTLE HOME: Plot and Title Map

LITTLE HOME sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of LITTLE HOME, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of LITTLE HOME). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is LITTLE HOME?

LITTLE HOME is located on POST OFFICE LANE in SOUTH CHARD, in the TA20 postcode district. The below map shows the position of LITTLE HOME on POST OFFICE LANE.